RATE Group | Court approves $1.1 million in fees for accountants, lawyers in QuadrigaCX collapse
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Court approves $1.1 million in fees for accountants, lawyers in QuadrigaCX collapse

31 Jul Court approves $1.1 million in fees for accountants, lawyers in QuadrigaCX collapse

Posted at 19:15h in Cryptocurrency News by

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Michael Tutton , THE CANADIAN PRESS


Published Wednesday, July 31, 2019 1:30PM ADT


Last Updated Wednesday, July 31, 2019 3:06PM ADT

HALIFAX — A judge has approved more than $1.1 million in fees for lawyers and the accounting firm probing the controversial demise of the QuadrigaCX cryptocurrency exchange.

Justice Darlene Jamieson agreed to Ernst and Young’s bill for $778,444 in legal and other fees, saying the firm has been diligent as it investigated what she called the country’s first insolvency proceeding involving cryptocurrency.

She said during the hearing Wednesday the case is challenging because auditors were unable to speak to its owner, Gerald Cotten, whose wife has said he died from complications linked to Crohn’s disease while travelling in India last…

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